Housing Development Agency Act, 2008
R 385
Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)NoticesGuidance Note 3Guidance for Banks on Customer Identification and Verification and Related MattersTrusts21. Identification of trusts |
The following documents are required to identify a trust in terms of Regulations 15 and 16 of the Regulations:
| • | trust deed or other founding document; |
| • | letter of authority from the Master of the High Court in South Africa or letter of authority from a competent trust registering authority in a foreign jurisdiction; |
| • | trustees' resolution authorising person/s to act; |
| • | personal details of each trustee, each beneficiary referred to by name in the trust deed or other founding document, the founder and the person/s authorised to act (refer to applicable the FIC Act requirements). |
